RandomBlog2011 | wealthymatters

The Gold Investor’s Bible

September 25, 2011 6 Comments

wealthymatters.com This is the free e-book advertised in ‘The End of America’. Despite the negative reports I decided to look for a copy and read it just to see for myself if it was really as bad as it was portrayed.

I personally find this is a very good book and it has all the basics in one place.You can get a copy here: http://www.capitalsynthesis.com/wp-content/uploads/2011/07/The-Gold-Investor-s-Bible.pdf .If you are interested in investing in gold,I heartily recommend this book to you.Reading a book doesn’t mean uncritically accepting everything and tossing money into untested ideas.This book will offer you ideas,consider them,test them and if things work for you go for them.

Here is more about what I gained by reading this book with essays contributed by Chris Weber,Jeff Clerk,Steve Sjuggerud etc. : Read more of this post

Filed under Alternative Assets, Precious Metals, Theory, Tool Kit Tagged with Bullion, bulliondirect, bullionvault, Chris Weber, COMEX, dishoarding, exiting gold, Gold, gold investing, Jean-Marie Eveillard, Jeff Clerk, kitco, MarkreSafe CDs, PAMP, postaday2011, RandomBlog2011, selling call and put options, Steve Sjuggerud, Thai Baht jewellery, The Gold Investor's Bible, ultimate form of real money, Valcambi, Zürcher Kantonal bank

Marc Faber On Indian Equities

September 23, 2011 Leave a comment

wealthymatters Marc Faber, the author of The Gloom, Boom & Doom report, spoke recently to Bloomberg UTV on the Indian equities and the global headwinds. Here are the key pointers from the interview:

On Indian economy:
– 2008-like fall will send dollar higher, rupee lower
– Domestic consumption remains India’s biggest story
– Growth in rural areas, population key driver

On Indian equities:
– Difficult for Sensex to cross 21,000 in next 6 months
– Expect Sensex to fall 12000-15000 in near-term
– Don’t expect India to fall below 2008 levels – Markets got oversold in last 2 months
– Would accumulate Indian stocks on weakness
– May also look at investing in Indian banks
– Impossible for India to hit new high in next 6 months
– Banks continue to operate like hedge funds Read more of this post

Filed under Paper Assets, Precious Metals, Tool Kit Tagged with Bloomberg TV, Gold, Indian equities, interview, Marc Faber, postaday2011, RandomBlog2011, sensex, The Gloom Boom & Doom report

Porter Stansberry’s The End of America

September 21, 2011 Leave a comment

I saw so much of venom spewed on the net about this video that I just had to see it for myself and judge.Personally I feel its pretty good.It does urge the watcher to subscribe to a paid newsletter but I don’t think that detracts from the quality of the work.I personally learnt a couple of new things such as the conditions in Yugoslavia when it disintegrated and the devaluation of the Pound in the 70s.The video just gives one man’s view of how the economic situation of the world will pan out.I see no reason to get so worked up against the man.Personally I think his scenario has a fair chance of coming true.His video is really a lot better content wise than a lot of other stuff on the net.Do watch the video ,I promise its not such a waste of time. Read more of this post

Filed under Tidbits Tagged with Porter Stansberry, postaday2011, RandomBlog2011, The End of America

Porter Stansberry

September 20, 2011 7 Comments

wealthymatters Here’s what wikipedia says about Porter Stansberry:

Frank Porter Stansberry, is an American conservative subscription-based investment advisor and the creator of the 2011 online video and infomercial entitled “End of America”.In 1999 he founded Stansberry & Associates Investment Research, a private publishing company based in Baltimore, Maryland. He is currently the editor of Agora Inc.’s internet financial newsletter ‘Porter Stansberry’s Investment Advisory’, and the weekly trading service, ‘Porter Stansberry’s Put Strategy Report’. Read more of this post

Filed under Tidbits Tagged with Porter Stansberry, postaday2011, RandomBlog2011, Stansberry & Associates Investment Research

James Montier’s The Seven Immutable Laws of Investing

September 19, 2011 1 Comment

wealthymatters.com James Montier expounds The Seven Immutable Laws of Investing to help investors avoid some of the worst mistakes, which, when made, tend to lead them down the path of the permanent impairment of capital.They are as follows:

1. Always Insist on a Margin of Safety

Valuation is the closest thing to the law of gravity in ﬁnance .It is the primary determinant of long-term returns. The objective of investment (in general) is not to buy at fair value, but to purchase with a margin of safety.This reﬂects that any estimate of fair value is just that: an estimate, not a precise ﬁgure, so the margin of safety provides a much-needed cushion against errors and misfortunes. When investors violate this law by investing with no margin of safety, they risk the prospect of the permanent impairment of capital. Read more of this post